Description
Buyer unable to perform!! PERFECT FOR FIRST TIME INVESTOR!! Situated on a 0.21-acre lot, this detached structure offers significant potential for rental income and long-term appreciation in a growing market. The property features a versatile layout that can accommodate multiple tenants, making it an ideal choice for investors looking to maximize cash flow. With no pool and a manageable yard, maintenance costs are kept low, allowing for higher net returns. The driveway and on-street parking options enhance accessibility for tenants, further increasing the property's appeal. The existing framework provides a solid foundation for renovations or updates, enabling you to increase rental rates and property value over time. The absence of extensive amenities means lower overhead costs, allowing you to focus on maximizing your investment. Located in a neighborhood with strong rental demand, this property is positioned to attract a diverse tenant base. The potential for steady cash flow is bolstered by the area's economic growth and community development initiatives, making this an opportune time to invest. The combination of a desirable location, ample square footage, and the potential for increased rental income makes this listing a must-see for anyone looking to expand their real estate portfolio. Seize the chance to invest in a property with significant upside potential. Schedule a viewing today and explore the possibilities that await!
Details
| MLS # | MDBA2209748 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1920 |
| Days On Site | 177 |
| Listing Provided By | Keller Williams Preferred Properties | James Wendell Willard Jr. |
Features
| SQ Feet | 4,386 |
|---|---|
| Basement | Y |
| Units | 3 |
| Zoning | R-1 |
| Acreage | 0.21 |
Interior
| Cooling | Other |
|---|---|
| Heating Yes / No | Yes |
| Heating | Central |
Exterior
| Construction Materials | Frame |
|---|---|
| Foundation Details | Brick/Mortar |
Parking
| Garage Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 10122 |
|---|
Area Information
| State | MD |
|---|---|
| County | BALTIMORE CITY MD |
| City | BALTIMORE |
| Zip Code | 21216 |
| Area | BALTIMORE CITY MD |
| School District | BALTIMORE CITY PUBLIC SCHOOLS |
| Listing VS Median (in 21216) | |
Price: $469,999 low | high Med: $134,900 sqft: 4,386 low | high Med: 1,830 $ / sqft: $107 low | high Med: $76 On site: 177 low | high Med: 82 | |
Market Activity 21216
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Learn More About This Property
| State | MD |
|---|---|
| County | BALTIMORE CITY MD |
| City | BALTIMORE |
| Zip Code | 21216 |
| Area | BALTIMORE CITY MD |
| School District | BALTIMORE CITY PUBLIC SCHOOLS |
| Listing VS Median (in 21216) | |
Price: $469,999 low | high Med: $134,900 sqft: 4,386 low | high Med: 1,830 $ / sqft: $107 low | high Med: $76 On site: 177 low | high Med: 82 | |
